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Showing 211 - 220 of 952 results for "Notes"

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... Navigator will issue the Dyal funds a 40% economic interest at closing through a combination of ordinary shares and convertible notes. Following 2025, Navigator will acquire the remainder of the Dyal funds' interests in the cash distributions for ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... Private sector wages growth slowed from 2.2% to 1.7%. Public sector wages slowed from 2.4% to 2.1%. Better still, as the ABS notes, "...JobKeeper payments to eligible employees falls out of scope of the Wage Price Index". Our employers have done good ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... we'll be." - Irvin King So far, so good. New Zealand hasn't experience a second wave like Australia. Still, as Bloomberg notes: "While a government wage subsidy has prevented heavy job losses, protecting incomes and underpinning spending. That ...

GPT bleeds $520 million

ALLY SELBY  |  MONDAY, 10 AUG 2020
... of 7.5 years. It also acquired two logistics facilities for $74.6 million, and issued $300 million in 12-year medium term notes at a margin of 160 basis points. Its funds management earnings subsequently increased by 6.6% compared to the same period ...

Tax impacting super fund investment strategies: Research

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... retirement within superannuation and, for most, decades more in retirement to enjoy the fruits of superannuation." The research notes that this long-horizon perspective should make it easy for superannuation funds to continue to evolve their equity portfolios ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... transaction has actually occurred," it said. "Westpac continues to engage with AUSTRAC in relation to these TTR issues, and notes that the numbers above may change. "As previously disclosed, Westpac has been notified by AUSTRAC that it may amend its ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... create and provide to the clients fake loan documentation to substantiate the non-existent loans, including fake promissory notes and a forged credit agreement. "As alleged, Hu's deception caused substantial losses to a retail mutual fund, and other ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
... JPMAM has $1.7 trillion ESG integrated as of March 31, which is more than 90% of global client AUM, the firm said. JPMAM notes that the sustainable investing team is structured as three pillars. The Sustainable Investing Solutions and Product Innovation ...

MSC Trustees wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
MSC Trustees was appointed trustee for the $1 billion ASX-listed notes of Spark Infrastructure. The notes form part of Spark's stapled security capital structure, first listed in 2005. In taking on the mandate, MSC Trustees replaces Australian Executor ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... strongly in May. We have entered an important new phase and have done so sooner than expected," he said. This is because, he notes: "The crisis was met by swift and forceful policy action across the government, including the Coronavirus Aid, Relief ...